FLATAKER VVS AS

6440 ELNESVÅGEN

Finances

Return on Equity

31,66 %

Current Ratio

3,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 212 000	36 376 000	41 773 000	32 888 000
Net Income	5 109 000	2 092 000	5 944 000	−390 000
Total Assets	23 194 000	16 979 000	21 860 000	12 565 000
Total Equity	16 139 000	11 031 000	13 939 000	7 994 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 212 000	36 376 000	41 773 000	32 888 000
Expenditure	36 430 000	33 754 000	34 214 000	33 429 000
Operating Profit	3 782 000	2 622 000	7 560 000	−542 000
Financial Income	2 215 000	89 000	95 000	97 000
Financial Costs	9 000	35 000	39 000	55 000
Financial Balance	2 206 000	54 000	56 000	42 000
Earnings Before Tax	5 988 000	2 675 000	7 616 000	−500 000
Tax	879 000	583 000	1 672 000	−110 000
Net Income	5 109 000	2 092 000	5 944 000	−390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	785 000	1 228 000	650 000	880 000
Total Current Assets	22 410 000	15 751 000	21 210 000	11 684 000
Total Assets	23 194 000	16 979 000	21 860 000	12 565 000
Total Retained Equity	16 039 000	10 931 000	13 839 000	7 894 000
Total Equity	16 139 000	11 031 000	13 939 000	7 994 000
Total Long-Term Debt	0	68 000	45 000	0
Total Current Debt	7 055 000	5 880 000	7 876 000	4 570 000
Total Equity and Debt	23 194 000	16 979 000	21 860 000	12 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 212 000	36 351 000	41 773 000	32 879 000
Other Income	0	25 000	0	9 000
Revenue	40 212 000	36 376 000	41 773 000	32 888 000
Cost of Goods Sold	12 844 000	14 179 000	14 752 000	14 957 000
Salary Costs	17 864 000	14 570 000	13 607 000	14 033 000
Depreciation	94 000	59 000	86 000	113 000
Impairment	0	0	0	0
Expenditure	36 430 000	33 754 000	34 214 000	33 429 000
Operating Profit	3 782 000	2 622 000	7 560 000	−542 000
Financial Income	2 215 000	89 000	95 000	97 000
Financial Costs	9 000	35 000	39 000	55 000
Financial Balance	2 206 000	54 000	56 000	42 000
Dividends	0	0	0	0
Net Income	5 109 000	2 092 000	5 944 000	−390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	0	0	183 000
Real Eastate	0	389 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	541 000	174 000	149 000	191 000
Total Tangible Assets	541 000	563 000	149 000	191 000
Total Fiancial Fixed Assets	175 000	665 000	500 000	506 000
Total Fixed Assets	785 000	1 228 000	650 000	880 000
Stock	1 202 000	1 142 000	1 303 000	1 333 000
Total Investments	0	0	0	0
Cash, Bank	16 222 000	6 020 000	13 479 000	3 264 000
Total Current Assets	22 410 000	15 751 000	21 210 000	11 684 000
Total Assets	23 194 000	16 979 000	21 860 000	12 565 000
Total Equity	16 139 000	11 031 000	13 939 000	7 994 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	68 000	45 000	0
Creditors	2 121 000	2 681 000	2 571 000	1 567 000
Unpaid Taxes	2 060 000	1 206 000	2 378 000	1 543 000
Dividends	0	0	0	0
Other Current Debt	1 859 000	1 433 000	1 483 000	1 460 000
Total Current Debt	7 055 000	5 880 000	7 876 000	4 570 000
Total Equity and Debt	23 194 000	16 979 000	21 860 000	12 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,66 %	18,96 %	42,64 %	−4,88 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	9,41 %	7,21 %	18,1 %	−1,65 %
Current Ratio	3,18	2,68	2,69	2,56
Quick Ratio	3,83	3,32	3,23	3,61
Equity Ratio	0,7	0,65	0,64	0,64
Gross Profit Margin	68,06 %	61,02 %	64,69 %	54,52 %